Dividend boost for GIPF

FirstRand Namibia Group handed over a symbolic dividend cheque of more than N$321 million for the financial year ended June 2023 to the Government Institutions Pension Fund (GIPF). The GIPF has 15.7% shareholding in FirstRand Namibia, which is listed on the Local Index of the Namibian Stock Exchange (NSX). From the left are Lizette Smit (chief financial officer: FirstRand Namibia), Martin Inkumbi (chief executive officer: GIPF), Conville Britz (general manager of investments: GIPF) and Conrad Dempsey (CEO: FirstRand Namibia). Photo Contributed